Malaysia Diesel prices, 14-Oct-2024

The current price of diesel fuel in Malaysia is MYR 2.95 per liter or USD 0.69 per liter based on the latest update from 14-Oct-2024. For comparison, the world average diesel price is USD 1.13 per liter.
Malaysia
Diesel prices
 Current price 0.69
 Measure USD/Liter
 Last update 2024-10-14
 Data availability from 2014-11-03
 Data frequency Weekly
Source: Kementerian Perdagangan Dalam Negeri dan Kos Sara Hidup


We show diesel price data for Malaysia from 2014-11-03 to 2024-10-14. The average diesel price during that period is MYR 2.08 per liter with a minimum of MYR 1.35 on 2016-02-01 and a maximum of MYR 3.35 on 2024-06-17. Our data are obtained from official government sources, regulatory agencies, petroleum companies, and major media sources. We update the series for Malaysia every week.


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Diesel prices
Price (MYR/Liter) Percent change
 Current price 2.95 -
 One month ago 3.01 -2.0 %
 Three months ago 3.35 -11.9 %
 One year ago 2.15 37.2 %


Malaysia Diesel prices: The last eight weeks

Malaysia Diesel prices: The last eight weeks

Malaysia Diesel prices, liter, Malaysian Ringgit


Malaysia Diesel prices: Historical graph; 2014-11-03-2024-10-14
* A long flat line means that the government fixes the prices.
Malaysia: Diesel price analytics
    Value
Percent of world average diesel price     58.16%
Correlation with crude oil prices     0.43
Correlation with USD exchange rate     -0.15
Price flexibility index: 0 (low) - 1 (high)     0.01
Correlation with gasoline prices     0.58
Percent of gasoline price     160.73%
Cost of 40 liter tank, percent of income     3.23%
Diesel consumption, percent of income     3.51%
Updated monthly. Methodological notes
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